1,6927. EUR AUD is in an downtrend directed by 4H exponential moving averages. EUR AUD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,6855 (72 pips). If the support breaks then the target will be 1,6750 (177 pips).
1,7050 - 1,7250
1,6870 - 1,6790

tags: Forex, euraud
author: Arnaud Jeulin
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